Star Diamond (TSE:DIAM) Shares Down 11.1% – What’s Next?

Star Diamond Co. (TSE:DIAM)’s share price was down 11.1% on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02. 131,564 shares changed hands during mid-day trading, a decline of 37% from the average session volume of 208,442 shares. The stock had previously closed at C$0.02.

Star Diamond Trading Down 11.1%

The company has a current ratio of 2.06, a quick ratio of 17.99 and a debt-to-equity ratio of 2.05. The company has a market cap of C$15.48 million, a PE ratio of -2.00 and a beta of -0.59. The business’s 50-day simple moving average is C$0.02 and its 200-day simple moving average is C$0.03.

About Star Diamond

Star Diamond is a Canadian natural resource company focused on exploring and evaluating Saskatchewan’s diamond resources. Star Diamond holds a 100% interest in the Fort à la Corne Project, (FALC Project, which includes the Star – Orion South Diamond Project, or the “Project”). These properties are in central Saskatchewan, near established infrastructure, including paved highways and the electrical power grid, which provide significant advantages for future possible mine development. The Company also holds a 100% interest in the exploration and evaluation properties of the Buffalo Hills Diamond Project (the “BH Project”) located approximately 400 kilometres northwest of Edmonton, Alberta, Canada.